Question : A, B, and C invested Rs. 13,000, Rs. 17,000, and Rs. 5,000, respectively, in a business. At the end of the year, they earn a profit of Rs. 1,400. B's share of the profit is:
Option 1: Rs. 680
Option 2: Rs. 410
Option 3: Rs. 630
Option 4: Rs. 720
Correct Answer: Rs. 680
Solution :
The ratio of shares of A, B, and C
= 13000 : 17000 : 5000
= 13 : 17 : 5
The sum of the terms of the ratio = 13 + 17 + 5 = 35
Total profit = Rs. 1400
$\therefore$ B’s share = Rs.$(\frac{17}{35}×1400)=$ Rs. $680$
Hence, the correct answer is Rs. 680.
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